Tue, 30 May 2023

COLOMBO, Jan. 30 (Xinhua) -- Sri Lanka's merchandise exports reached over 13 billion U.S. dollars in 2022, the country's Export Development Board (EDB) said on Monday.

This was an increase of 4.6 percent compared to the corresponding period of 2021, the EDB said in a statement.

Apparel and textile exports increased by 9.56 percent to over 5.9 billion dollars between January and December, compared to the same period in 2021, the EDB said.

Meanwhile, earnings from the export of electrical and electronic components increased by 14.68 percent to 483 million dollars compared to 2021.

However, export earnings from seafood decreased by 1.81 percent to 269 million dollars, and earnings from tea declined by 4.95 percent to about 1.2 billion dollars in 2022.

Earnings from rubber and rubber finished products decreased 6.79 percent to about 1 billion dollars.

Export earnings from coconut and coconut-based products recorded a decrease of 2.27 percent to 817 million dollars.

Sri Lanka's merchandise exports earned 12.48 billion dollars in 2021, according to data from the EDB.

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